M3M expects to clear Rs 200 crore of debt by March 2021 and another Rs 1500 crore in the next financial year. M3M has delivered 10 Residential and Commercial projects in the last six months. Real Estate developer M3M has recoup Rs 500 crore debt since lockdown was lifted and the company is on course to clear the balance liabilities of about Rs 1,700 crore by March 2022, its director Pankaj Bansal has said. “We have committed receivables of Rs 1,500 crore from the commercial and residential properties we are developing,” Bansal . “Money generated from sale of existing inven ..read more

This week in the realty hot spot series, we shed light on a high-end residential market in Gurgaon, with smooth connectivity and good amenities. Golf Course Road enjoys sound connectivity via Golf Course Extension Road, NH-48, Sohna Road and Rapid Metro Rail Network. It is in demand area with schools, hospitals, restaurants, shopping malls and other amenities. DLF Phase 5, Sector 53 and Sector 54 are the main sub-localities of this locality. BHK-wise, 3- and 4-BHK type properties enjoy copious supply here and the price of property range from Rs 8,700-18,000 per sqft. Here are other numerous hi ..read more

Central Park is one of the fastest growing ultra-luxury reality brands with an established presence in National Capital Region. It has delivered 5.5 million sq. ft. across luxury residential property in some of the most prime locations. Central Park is one of the leading real estate developers in the luxury residential segment in Delhi NCR. It has built unrivaled expertise in creating concept living spaces with projects across the hospitality and high-end living in Gurugram, Delhi, Noida and Goa. Recently, Central Park has acquired a 10-acre land parcel from BPTP for Rs 100 crore.The real ..read more

Demand forecasting in real estate has always been a puzzle for economists. Economics suggests consumption products like iPhone, cars, mobile data, have a falling demand curve which means as price falls their consumption increases. For investment products like equities, as prices fall, trading volumes normally come down indicating lowered demand. However, when it comes to Real Estate, demand forecasting becomes a complex exercise, some buy homes for consumption, some for investment and there are others who look at homes for investment-cum-consumption. Therefore, demand forecasting has always re ..read more

The Coronavirus crisis has not only altered the way we live, think, work or even socialize with others around us, but has also impacted almost every industry around the world, including real estate. However, along with its negative impact, the pandemic has opened a new era of selling real estate which was being under-utilized till now. Also, as priorities of people have changed and they are now realizing the importance of owning a home, the demand for real estate is likely to go up in the post COVID-19 world. The impact of Coronavirus on property sales has been different for different players ..read more

Leading developers like DLF, ATS, Omaxe and Alpha Corp have shifted focus towards smaller cities to monetise the land banks they had held for long. The Covid-19 pandemic has accelerated demand for houses in tier II and III cities due to reverse migration, availability of better value-based pricing and larger spaces, and lower cost of construction Leading developers like DLF, ATS, Omaxe  have shifted focus towards smaller cities to monetise the land banks they had held for long. “Tier II and III cities have witnessed considerable rise in demand in the recent past, primarily due to accessi ..read more

Gurgaon’s leading real estate developers with large land banks are focusing on launching gated colonies of residential plots instead of sky-high in a bid to cater switch in consumer preference in the wake of the Covid-19 pandemic. The Haryana government had announced Deen Dayal Jan Awas Yojna (DDAY) for small towns in 2016 and, last year, it extended the scheme to include Gurgaon. Under the scheme, developers applying for licence get tax benefit and disclaimer on internal and external development charges. DLF, Raheja and Signature Global are among the builders who have turned to plotted colon ..read more

Like every other segment of the economy, the Indian Real Estate Sector too is reeling under the deadly impact of the Coronavirus Pandemic. But like it is with every crisis, this pandemic too may throw up opportunities for buyers as several Developers with unsold inventory may be forced to sell at Discounted Prices. When working life gets resumed after COVID-19 lockdown, it is highly expected that the pricing and rates of Real Estate Inventory will come down. To cope up with this situation, here are some of my recommendations: In case of Ready Inventory, since there will be financial crunch ..read more

COVID-19:Global Real Estate Implications The outbreak of COVID-19 and its rapid spread across the globe has taken many by surprise, and businesses, communities and governments must now confront the reality of the seriousness of the situation.  There is a wealth of information (and misinformation) to be consumed on a daily basis and, in such a fluid situation, the facts and consequences are changing quickly.  While individuals and businesses remain focused on health and well-being, this article will highlight the potential implications for Real Estate. The impact of the COVID-19 outbreak is be ..read more

Real Estate cannot be Lost or Stolen now can it be carried away purchased with common sense,Paid for in full and managed with Reasonable Care.It is about the Safest Investment in the World. 90% of millionaires got their wealth by Investing in Real Estate. We wanted to know: Is this still true? Is investing in real estate still a good idea? People who made millions by investing in Real Estate, the answer is a Resounding Yes. ‘Owning made Gains.’ “Buying Real Estate has made tremendous Gains” — mostly through necessity, not by design. People buy their first apartment after scraping together a f ..read more